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Marketing Description
Sands Investment Group and Eclipse Real Estate Inc. are Pleased to Present For Sale the 3,648 SF Steak ‘n Shake at 4025 Elkhart Road in Goshen, Indiana. This Opportunity Includes a Triple Net (NNN) Lease on a High-Quality Tenant That is an Outparcel to a Walmart Supercenter, Providing For a Secure Investment.
Investment Highlights
- Triple Net Lease With Zero Landlord Responsibilities
- Below Market Rents Provides Value-Add Opportunity
- Three (3) , Five (5) Year Options to Extend
- Strategically Located as an Outparcel to Walmart Supercenter and Next to a Target, Michaels and Kohl’s
- 22,554 Residents Making an Average Household Income of $75,825 Within a 3-Mile Radius
- Population Jumps to Over 180,321 Residents Within a 10-Mile Radius and is Expected to Increase Within the Next 5 Years
- Situated Off Hwy 33, a Major N/S Retail Corridor Between Goshen and Elkhart With Over 28,265 VPD
- Goshen is Located 10-Miles Southeast of Elkhart, 25-Miles Southeast of South Bend, 120-Miles East of Chicago and 150-Miles North of Indianapolis
- The City is known as a Major Recreational Vehicle and Accessories Manufacturing Center, the Home of Goshen College and the Elkhart County 4-H Fair, Which is One of the Largest County Fairs in the United States
- Other Nearby Tenants Include: Lowe’s, Buffalo Wild Wings, CiCi’s Pizza, Applebee’s, Chili’s, Panera Bread, ALDI, Meijer, Harbor Freight, IHOP, Wendy’s Starbucks, Jimmy John’s and Much More
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